Innovation Masters: Banks at the forefront of women's business empowerment

SME Banking
15/04/2024 Article
profile picture of Boris Plantier

Boris Plantier

Qorus

Head of content

In recent years, there has been a growing recognition of the importance of empowering female entrepreneurs in driving economic growth and promoting gender equality. Recognizing the significant role that women play in the business world, some banks have stepped up to provide support and resources tailored to their specific needs.

One key reason why banks are focusing on helping female entrepreneurs is the acknowledgment of the gender gap in access to financial services and capital. Historically, women have faced greater challenges in securing funding and accessing resources necessary to start and grow their businesses. By addressing these barriers, banks can help level the playing field and unlock the full potential of female-led businesses.

Banks are offering a range of initiatives to support female entrepreneurs, including specialized loan programs, mentorship opportunities and networking events. These programs not only provide financial assistance but also offer guidance and support to help women navigate the complexities of entrepreneurship. By fostering a supportive environment and providing tailored resources, banks are empowering female entrepreneurs to thrive and succeed in the business world.

Below is a selection of innovative projects empowering female entrepreneurship, submitted for the Qorus Banking Innovation Awards in recent years by KCB, NBK, Maybank, Bradesco, Banco Pichincha and UniCredit. 

Want to keep reading?

Create a web account to get access to more insights

Related news & insights

Digital Reinvention
12/02/2025 News

Revolut expands services for Ukrainians, launches donation campaign and clear sky card

Revolut has announced the expansion of its services to Ukrainian residents, alongside a new international donation campaign and the launch...

Mobility
11/02/2025 Article

AutoMobility Insights - February 2025 edition

Welcome to our update on the latest news in the AutoMobility sector. This article offers snapshots of recent events, showing...

ESG
10/02/2025 News

RBC offers automated carbon management for Canadian businesses

This initiative aligns with RBC’s broader strategy to support clients in their transition to a low-carbon economy.

Mobility
05/02/2025 Article

EV battery data is the super fuel that will power winners in the electromobility arena

Finance and insurance providers that gain access to accurate ongoing information about the condition and performance of EV batteries, a...

SME Banking
05/02/2025 Article

Celebrating excellence in SME banking: The 2025 awards & community

If you want to showcase your excellence in SME banking, participating is simple and free of charge. Just complete the...

SME Banking
30/01/2025 Study

From insights to impact: The journey towards unified services in SME Banking

Discover the transformative power of unified services in SME banking. In the third and final installment of our series, we...

Digital Reinvention
30/01/2025 Article

Financial Innovation Spotlight – January 2025 edition

In this month’s Financial Innovation Spotlight, we zoom in on five exciting new projects by Atom, Revolut, Crédit Agricole's Khome,...

Digital Reinvention
29/01/2025 Study

The AI imperative: Navigating data and AI for ESG success

In a world where Artificial Intelligence and Machine Learning (AI/ML) are redefining industries, our report delves into the transformative potential...